Wells Fargo & Company MN Has $37.68 Million Holdings in Energizer Holdings Inc (ENR)
Wells Fargo & Company MN boosted its position in shares of Energizer Holdings Inc (NYSE:ENR) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 785,402 shares of the company’s stock after buying an additional 35,801 shares during the period. Wells Fargo & Company MN’s holdings in Energizer were worth $37,683,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in Energizer by 2.3% during the third quarter. Bank of New York Mellon Corp now owns 824,888 shares of the company’s stock worth $37,986,000 after buying an additional 18,881 shares in the last quarter. American Century Companies Inc. grew its stake in Energizer by 425.5% during the third quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock worth $29,528,000 after buying an additional 519,184 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in Energizer during the fourth quarter worth about $2,097,000. Sei Investments Co. grew its stake in Energizer by 6.1% during the third quarter. Sei Investments Co. now owns 79,806 shares of the company’s stock worth $3,675,000 after buying an additional 4,614 shares in the last quarter. Finally, Dean Investment Associates LLC grew its stake in Energizer by 15.3% during the third quarter. Dean Investment Associates LLC now owns 69,630 shares of the company’s stock worth $3,206,000 after buying an additional 9,260 shares in the last quarter. Hedge funds and other institutional investors own 97.23% of the company’s stock.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Energizer from a “hold” rating to a “buy” rating and set a $58.00 price objective on the stock in a research note on Wednesday, January 10th. KeyCorp reiterated a “buy” rating and set a $64.00 price objective (up from $55.00) on shares of Energizer in a research note on Wednesday, January 17th. Royal Bank of Canada reiterated a “buy” rating and set a $65.00 price objective on shares of Energizer in a research note on Thursday, February 1st. Morgan Stanley increased their price objective on shares of Energizer from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 1st. Finally, Citigroup downgraded shares of Energizer from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $52.00 to $64.00 in a research note on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $59.22.
Energizer (NYSE:ENR) last posted its earnings results on Wednesday, January 31st. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.12. The firm had revenue of $573.30 million during the quarter, compared to analysts’ expectations of $566.50 million. Energizer had a net margin of 9.40% and a return on equity of 274.69%. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.51 earnings per share. equities research analysts forecast that Energizer Holdings Inc will post 3.39 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Tuesday, February 20th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.09%. Energizer’s dividend payout ratio (DPR) is currently 43.28%.
In other news, VP Emily K. Boss sold 7,500 shares of the stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $56.00, for a total value of $420,000.00. Following the completion of the transaction, the vice president now owns 9,708 shares of the company’s stock, valued at $543,648. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.79% of the stock is currently owned by corporate insiders.
COPYRIGHT VIOLATION WARNING: “Wells Fargo & Company MN Has $37.68 Million Holdings in Energizer Holdings Inc (ENR)” was originally published by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://www.watchlistnews.com/wells-fargo-company-mn-has-37-68-million-holdings-in-energizer-holdings-inc-enr/1906739.html.
Energizer Company Profile
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
Want to see what other hedge funds are holding ENR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energizer Holdings Inc (NYSE:ENR).
Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.